Placements · All-time records · Updated 20 October 2026
The highest package ever reported at an IIT is ₹4.3 crore a year: a Jane Street pre-placement offer to an IIT Madras computer science student for a quantitative trader role in Hong Kong, in the 2024-25 season (India Today, 2 December 2024). That figure is media-reported. IIT Madras has not printed it in a placement report of its own. The highest package any IIT has put in its own document is ₹3.67 crore, an international offer at IIT Bombay in 2022-23 (IIT Bombay Annual Report 2022-23). Below is every ₹1 crore-plus IIT offer we could trace to an institute document or a dated press report, with the season and a label for how solid each one is.
For this season's per-IIT numbers, see IIT placements 2026, our guide to the 2025-26 highest, median and average packages at each IIT. This page is the long view: the records.
What is the highest package ever at an IIT?
₹4.3 crore, from Jane Street to an IIT Madras student in December 2024. India Today reported that the offer "covers salary, bonus, and relocation", and that the student "had previously interned with the company". The Economic Times called it "the highest offer made through pre-placement offers at IITs this season" (Economic Times, 2 December 2024). Seven months later Business Today described it as "the highest package recorded at the institute in December 2024" (Business Today, 5 July 2025).
Only one other offer comes close. In December 2022, the Economic Times reported that Jane Street "set a new benchmark with a Rs 4-crore-plus offer for the first time", made as pre-placement offers to "At least three students from IITs of Delhi, Bombay and Kanpur" for international postings (Economic Times, 2 December 2022). Mint quoted an IIT Kanpur placement team student member: "Jane Street has offered one of our students about ₹4 crore" (Mint, 2 December 2022).
Nothing larger has been reported since. For the 2025-26 season, the Economic Times said Da Vinci Trading, which "possibly made the biggest offers this year", paid "more than Rs 2.8 crore (€272,000)" for Amsterdam roles, but did not say which IIT got the largest one (Economic Times, December 2025).
Every ₹1 crore+ IIT highest package on record
The table lists each IIT's top reported offer by season, highest first. "Official (institute document)" means the figure is in an annual report or placement brochure. "Official (institute statement, via press)" means a newspaper quoted the institute, its spokesperson or its placement office. "Media-reported" means the figure came from students, unnamed sources or "reportedly", and the institute has not confirmed it.
| IIT | Season | Highest package | Recruiter / posting | Status | Source |
|---|---|---|---|---|---|
| IIT Madras | 2024-25 | ₹4.3 Cr | Jane Street PPO, quant trader, Hong Kong | Media-reported | India Today, 2 Dec 2024; Business Today, 5 Jul 2025 |
| IIT Kanpur | 2022-23 | About ₹4 Cr | Jane Street, international | Media-reported (student placement team member) | Mint, 2 Dec 2022 |
| IIT Delhi, Bombay, Kanpur | 2022-23 | ₹4 Cr+ (at least three PPOs) | Jane Street, international | Media-reported | Economic Times, 2 Dec 2022 |
| IIT Bombay | 2022-23 | ₹3.67 Cr international; ₹1.68 Cr domestic | Not named | Official (institute document) | IIT Bombay Annual Report 2022-23 |
| IIT Kharagpur | 2022-23 | More than ₹2.6 Cr (Day 1) | Not named | Media-reported; reports vary | India Today, 2 Dec 2022 |
| IIT Hyderabad | 2025-26 | ₹2.62 Cr | Not stated in the brochure | Official (institute document) | IIT Hyderabad brochure 2026-27 |
| IIT Hyderabad | 2025-26 | ₹2.5 Cr | Optiver, Netherlands | Media-reported | Telangana Today, 5 Jan 2026 |
| IIT Kharagpur | 2025-26 (Phase 1) | ₹2.44 Cr | Domestic offer, firm not named | Official (institute statement, via press) | Indian Express, Jan 2026; Times of India |
| IIT Guwahati | 2022-23 | ₹2.4 Cr | International, firm not named | Official (institute statement, via press) (spokesperson) | Times of India, 2 Dec 2022 |
| IIT Kharagpur | 2021-22 (Phase 1) | ₹2.4 Cr | Not named | Official (institute statement, via press) | ThePrint (PTI), 12 Dec 2021 |
| IIT BHU | 2024-25 | ₹2.20 Cr | Not named | Official (institute statement, via press) | Indian Express, 7 Feb 2025 |
| IIT Bombay | 2024-25 | ₹2.2 Cr | Da Vinci Derivatives, Amsterdam | Media-reported ("reportedly offered") | India Today, 2 Dec 2024 |
| IIT Roorkee | 2021-22 | ₹2.15 Cr | Not named | Media-reported | Times of India, 3 Dec 2021 |
| IIT BHU | 2022-23 | ₹2.15 Cr | Not named | Media-reported | New Indian Express, 16 Jun 2025 |
| IIT Kharagpur | 2024-25 | ₹2.14 Cr | Not named | Official (institute statement, via press) | Careers360, 11 Jun 2025 |
| IIT BHU | 2025-26 (Day 1) | ₹1.67 Cr | NK Securities | Official (institute statement, via press) (placement coordinator) | Economic Times, Dec 2025 |
| IIT Bombay | 2025-26 (Day 1) | About ₹1.48 Cr (£125,000) | Da Vinci | Media-reported ("according to students") | Hindustan Times, 2 Dec 2025 |
| IIT Delhi | 2025-26 | Not published | Policy: not disclosed | IIT Delhi release, 29 Dec 2025 |
Two things stand out. First, the official record (₹3.67 crore) is lower than the media record (₹4.3 crore), and lower than the ₹4 crore-plus Jane Street offers reported in the same 2022-23 season. We do not know whether the ₹3.67 crore is one of those offers counted differently, or whether a ₹4 crore offer went unaccepted; IIT Bombay's report does not name the firm. Second, Day 1 figures are often all there is. IITs that publish a full-season number usually do so months later, if at all.
Which IIT has the highest package?
It depends on which kind of number you trust. By media reports, IIT Madras holds the record at ₹4.3 crore (2024-25). By the institutes' own documents, IIT Bombay does, at ₹3.67 crore international for 2022-23. For the latest completed season, 2025-26, the highest figure an IIT has published is ₹2.62 crore at IIT Hyderabad (IIT Hyderabad brochure 2026-27), followed by ₹2.44 crore at IIT Kharagpur, which "the institute said in a statement" (Indian Express, January 2026).
IIT Hyderabad's case is the sharpest jump. Telangana Today reported that before 2025-26, "No student had got more than one crore package in 17 years of IITH's history" (Telangana Today, 5 January 2026). The brochure's ₹2.62 crore is higher than the ₹2.5 crore Optiver offer reported in January, and the brochure does not say which offer it refers to. Full detail is on our IIT Hyderabad placements page.
IIT Madras highest package
IIT Madras's highest package on record is the ₹4.3 crore Jane Street offer of 2024-25, a media-reported figure. The institute has published no highest package for 2025-26. Crore offers there are not new: in December 2022, Sathyan Subbiah, adviser (placement) at IIT Madras, told Mint the institute "received 25 offers with pay packages in excess of ₹1 crore per annum, including pre-placement offers at the end of the first day of placements" (Mint).
Set the record against the middle of the batch. IIT Madras's own NIRF 2026 filing gives a median salary of ₹17.78 lakh for the 631 B.Tech graduates of 2024-25 who were placed (IIT Madras NIRF 2026). Branch-by-branch pay and the 2025-26 picture are on our IIT Madras placements page.
Who got the highest package? Is the student named?
The IIT Madras student behind the ₹4.3 crore offer has not been publicly named. Reports describe only "a computer science student" who had interned at Jane Street. The same holds for the ₹3.67 crore IIT Bombay offer and the 2022-23 Jane Street offers: the institutes gave figures, not names, and we do not name private students.
The one record-holder widely named in the press is at IIT Hyderabad. Telangana Today identified the 2025-26 Optiver offer as going to Edward Nathan Varghese, a fourth-year computer science student, after a two-month internship with the firm (Telangana Today).
How many ₹1 crore offers does each IIT get?
A handful to a few dozen a season at the older IITs, against batches of well over a thousand placed students. Counts are rarely published for a full season, so most of these are Day 1 or Phase 1 numbers. Read each row with its season.
| IIT | Season | Offers above ₹1 crore | Status | Source |
|---|---|---|---|---|
| IIT Madras | 2022-23, Day 1 | 25 (incl. PPOs) | Official (institute statement, via press) (placement adviser) | Mint, 2 Dec 2022 |
| IIT Bombay | 2022-23 | 16 accepted | Official (institute document) | Annual Report 2022-23 |
| IIT Bombay | 2023-24 | 22 accepted | Official report, via press | Indian Express, 3 Sep 2024 |
| IIT Bombay | 2024-25 | Not stated (top band is "above ₹20 lakh") | Official (institute document) | Annual Report 2024-25 |
| IIT Guwahati | 2022-23 / 2023-24, Day 1 | 7 / 11 | Official (institute statement, via press) | India Today, 2 Dec 2023 |
| IIT Kharagpur | 2024-25, full season | 9 | Official (institute statement, via press) | Careers360, 11 Jun 2025 |
| IIT Kharagpur | 2025-26, Phase 1 | 15 (5 above ₹2 crore) | Institute officials, via press | ETV Bharat, 21 Jan 2026 |
| IIT BHU | 2024-25 | 15 | Media-reported (placement coordinator quoted) | New Indian Express, 16 Jun 2025 |
| IIT BHU | 2025-26, Day 1 | 17 | Media-reported | Economic Times, Dec 2025 |
| IIT Hyderabad | 2025-26, Phase 1 | 3 (one international at ₹2.5 crore, two domestic at ₹1.1 crore) | Officials, via press | The Hindu, Jan 2026; Telangana Today |
IIT Bombay is the clearest series because its reports are official: 16 crore-plus offers accepted in 2022-23 and 22 in 2023-24, out of 1,516 and 1,475 accepted offers. Its Annual Report 2024-25 reports 705 offers above ₹20 lakh but no crore band at all. At IIT Kharagpur, Phase 1 of 2025-26 alone produced 15 crore-plus offers, against 9 in the whole of 2024-25.
Why are crore offers mostly quant and HFT roles?
Because quantitative trading and high-frequency trading (HFT) firms pay new graduates more than almost anyone else, and they quote the whole package. The Economic Times said Da Vinci's 2025-26 offers "include a base salary of Rs 1 crore-plus, as well as joining, relocation and retention bonuses" (Economic Times). The ₹4.3 crore offer likewise "covers salary, bonus, and relocation" (India Today). In 2022, a trading firm founder told Mint that "The salaries include a bonus of ₹80 lakh" (Mint).
So a crore CTC is not a crore in the bank each year. Joining and relocation bonuses are paid once, and performance bonuses vary. International postings add a currency effect: the IIT Bombay 2025-26 figure was quoted in pounds, about £125,000 (Hindustan Times).
The "always international" rule is weakening, though. At IIT Kharagpur the 2025-26 top offer was domestic, and the career centre chair told the Times of India that "the top offers are domestic, a trend that is contrary to the perception that high pay packages are limited to international offers" (Times of India, 21 January 2026). NK Securities paid ₹1.65 crore for a domestic role in 2025-26 (Economic Times), and two IIT Hyderabad students took domestic offers of ₹1.1 crore each (The Hindu).
Record vs median: how big is the gap?
The record is one student. The median is the student in the middle of the batch. Where an IIT publishes both for the same season, the gap is more than 20 times.
| IIT | Record | Typical graduate, same season | Gap (computed) |
|---|---|---|---|
| IIT Madras | ₹4.3 Cr (2024-25, media-reported) | ₹17.78 lakh B.Tech median, 2024-25 graduates (NIRF 2026) | About 24x |
| IIT Bombay | ₹3.67 Cr (2022-23, official) | ₹16.66 lakh median, all programmes, 2022-23 (Annual Report 2024-25) | About 22x |
| IIT Hyderabad | ₹2.62 Cr (2025-26, official) | ₹24.06 lakh average, all programmes (brochure); no median printed | About 11x the average |
Plan around the median, not the headline. Even within one IIT, branch matters more than the record: our IIT CSE average package tracker lists every CSE-specific figure the IITs have published.
Why some IITs no longer publish the highest package
In November 2024, Careers360 quoted an IIT official saying that, to reduce pressure on students, "the All IITs Placement Committee (AIPC) has decided not to disclose the highest package" (Careers360, November 2024). The policy is applied unevenly. IIT Delhi's 2025-26 release states that it "as a policy has decided not to mention high-value packages in their placement related press releases" (IIT Delhi, 29 December 2025). IIT Bombay's Annual Report 2024-25 gives a median and an average but no top offer. IIT Kharagpur, IIT BHU and IIT Hyderabad have kept publishing theirs.
That is why the newest records on this page are mostly from newer or mid-sized IITs, and why IIT Delhi, IIT Kanpur and IIT Madras have no 2025-26 highest package on record. A blank does not mean there were no crore offers; it means the institute chose not to say.
How to check a highest package yourself
- Look for the institute's own document first: an annual report (IIT Bombay's is on iitb.ac.in), a placement brochure, or an official press release.
- Note the season. A "2026" headline can mean the 2024-25 or 2025-26 season.
- Check the attribution. "According to students", "sources" or "reportedly" means the institute has not confirmed it.
- Check whether it is Day 1, Phase 1 or the full season.
- Find the median in the IIT's NIRF PDF under "Median salary" for the 4-year UG programme.
Related reading
This season, IIT by IIT: IIT placements 2026. Per-IIT pages: IIT Bombay, IIT Madras, IIT Kharagpur, IIT Hyderabad, IIT BHU, IIT Roorkee, IIT Delhi and IIT Kanpur placements. How the season unfolded: the 2025-26 mid-season report card.
Proud of your campus? Campus hoodies for every IIT: Madras, Bombay, Kharagpur, Hyderabad, and the rest of the 23.
By Arun Raghav S · Co-founder, IITian Vibes · Facts retrieved 20 October 2026 from the linked official pages and documents. Corrections to hello@iitianvibes.com.